After a three-unit drop the week before, the number of offshore rigs in the U.S. remained unchanged last week, according to weekly rig count reports by Baker Hughes.
Baker Hughes Rig Count: U.S. +3 to 491 rigs U.S. Rig Count is up 3 from last week to 491 with oil rigs up 2 to 387, gas rigs unchanged at 103, and miscellaneous rigs up 1 to 1. U.S. Rig Count is up 244 rigs from last year’s count of 247, with oil rigs up 211 gas rigs up 34 and miscellaneous rigs down 1. The U.S. Offshore Rig Count is unchanged at 14, up 2 year-over-year. Baker Hughes Rig Count: Canada +3 to 156 rigs. Canada Rig Count is up 3 from last week to 156, with oil rigs up 2 to 95, gas rigs up 1 to 60 and miscellanous unchanged at 1. Canada Rig Count is up 109 rigs from last year’s count of 47, with oil rigs up 82, gas rigs up 26 and miscellanous unchanged 1.